HR0527ham001 100TH GENERAL ASSEMBLY

HR0527HAM001 LRB100 13315 MST 30024 a

AMENDMENT TO HOUSE RESOLUTION 527

AMENDMENT NO. ___. Amend House Resolution 527 by replacing everything after the heading with the following:

"WHEREAS, Because an investigation into assessment procedures may uncover ways to improve property tax assessment practices across the State; therefore, be it

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that the House Revenue & Finance Committee shall:

(1) conduct a comprehensive review of state laws relating to assessment of real property including the appeal of assessments at the local and State level;

(2) conduct a comprehensive review of statewide assessment systems and their impact on equity;

(3) identify opportunities to consolidate, streamline, eliminate, or create new assessment jurisdictions;

(4) review current exemptions available, the impact of these exemptions, and the administration or application of these exemptions;

(5) analyze preferential assessments including farm valuation, open space, and developer relief; and

(6) Consider the use of technology in the data collection, online review, CAMA analysis, and electronic appeal filing and make recommendations for improved accountability and efficiency; and be it further

RESOLVED, That the purpose of the review shall be to study issues of assessment equity and fairness, and make recommendations that will ensure accountable and efficient delivery of uniform and transparent property valuations for property tax purposes."